✉news BusinessBanking first seen 11 h ago, last 11 h ago, peak #31
BOJ expected to raise rates to 1.50% in December
Original: BOJ to raise rates to 1.50% in December, sticking to quarterly pace: Reuters poll
A Reuters poll of economists indicates the Bank of Japan will raise its policy rate to 1.50% in December, continuing its gradual tightening at a quarterly pace. The expectation signals the central bank's continued exit from decades of ultra-loose monetary policy as inflation persists in Japan, with markets watching each step for implications for the yen and global yields.
Why now: Markets and economists are focused on the pace of the Bank of Japan's monetary tightening and its impact on the yen and global markets.
Evidence
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